Japan Foreign bond investment increased to ¥-553.1B in February 16 from previous ¥-973.2B

Japan Foreign investment in Japan stocks: ¥127.1B (February 16) vs ¥-429.5B

FOMC minutes reviewed – Nomura

Analysts at Nomura offered the FOMC minutes. Key Quotes:  "The FOMC minutes from the 30-31 January meeting were in line with our current expectations for four hikes in 2018, with the next hike at the upcoming March FOMC meeting. However, the minutes as well as developments since th ...

Crude Oil stops the hemorrhaging temporarily following API inventory declines

Oil halts decline following surprise API contraction. Fossils still under pressure from FOMC outlook, firming Greenback Crude oil halted its recent decline following a surprise contraction in crude inventories, and WTI is currently trading near 61.25 per barrel while Brent floats just abov ...

Forex today: turn-around FOMC minutes, bargain hunters buy back the dollar

Forex today was all about the FOMC minutes and a frantic aftermath with plenty for everyone considering there was a big turn around in sentiment from the initial moves in the markets.  Prior to the FOMC minutes, the USD retained its firmer tone despite the relatively benign comments fro ...

German finance ministry expects growth swing to continue – Reuters

The German Finance Ministry's latest monthly report shows incredibly bullish expectations; details via Reuters. Key highlights: German economy being boosted by an increase in domestic consumer demand. Growing internal demand being driven by strong employment, rising wages, low borrowin ...

USD/CAD spikes following FOMC, 1.27 handle within reach

USD jumping on positive FOMC, bond yields. Faltering oil prices contributing to CAD weakness. USD/CAD had a volatile Wednesday, closing on the high side and trading just beneath 1.2700 heading into the overnight session. The Dollar gained across the board following the FOMC Minutes, wher ...

EUR/USD breaks 1.23 handle and eyes are set on deeper target

EUR/USD bears back in control. EUR/USD below 10 and 21-D SMAs. EUR/USD has turned south again since the initial post FOMC minutes spike to 1.2360 where markets perceived the FOMC split on whether the inflation target will definitely be achieved.  FOMC Minutes: officials saw a ...

United States API Weekly Crude Oil Stock: -0.907M vs previous 3.94M

AUD/USD to break below 0.7800?

AUD/USD turns around and threatens the 0.7800 bull's commitments again. AUD/USD bears will target the 200/100-D SMA convergence.  AUD/USD turned around into the close of the NY session when US yields and the DXY went bid in a reversal of the post-FOMC minutes offer. Currently, AUD/US ...

FOMC Minutes sent Wall Street deep into the red

Fears of rising cost trimming benefits of tax cuts sent indexes lower post-FOMC. 10-year note yield peaked at 2.96%, 2-year note one at 2.28%, fresh multi-year highs. US indexes were trading up for the day, posting solid intraday gains as market's mood kept improving this Wednesday, bu ...

GBP/USD tumbles on surge in US bond yields after FOMC minutes

GBP is under pressure on subdued UK job data and ongoing Brexit squabbling. USD is being helped by higher US bond yield on concerns of ballooning US fiscal deficit. GBP/USD is now trading around 1.3914, in late New York session, tumbling 0.60% and approaching the day low o ...

Snapshot of Global markets: USD retained its firmer tone – ANZ

Analysts at ANZ explained that the USD retained its firmer tone in front of the FOMC minutes and relatively benign comments from various Fed officials. Key Quotes: "The equity market took solace from Fed comments and upward momentum in the February US Markit PMI (supportive earnings backdrop ...

Gold rejected at 1335 after greenback regains strength

The yellow metal retraced back after an initial spike following FOMC Minutes The risk for Gold remains to the downside, with several indicators and charts pointing south The Gold spot price is trading around $1323.80 a troy ounce, after bouncing up to 1335 and then quickly retracing back in th ...